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Old Jan 14, 2006 | 06:09 PM
  #74  
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XRTypeRS
Too many posts.. I need a life!!
 
Joined: May 2003
Posts: 674
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From: Northants
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They can do when they become unaffordable, which they are now to a good proportion of young people in this country (the average age of a 1st time buyer is now 34!). The last time they depreciated was in 1989 when they dropped by 20% over 6 years.

Anyway im not going to say more on this as it's an emotive subject and not worth causing any bad feeling over , if youve bought already and are happy then I wish everyone all the best, I do feel my life is kind of on hold as I dont have my own place and I can see there are benefits of owning that I will never have renting. But if you havent already bought all I can say is do your research and make up your own mind, dont just take it on face value that you must stretch your self to the limit to buy just because your mate down the pub or the bint off "location location" says so!
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